SES: agreement to acquire Intelsat

(CercleFinance.com) - Alongside the publication of its quarterly results, satellite operator SES announces an agreement to acquire 100% of the share capital of Intelsat for $3.
1bn in cash, plus certain contingent value rights.

The combination will create a stronger multi-orbital operator with greater coverage, improved resilience, an expanded solutions suite and enhanced resources to profitably invest in innovation, it says.

The transaction, unanimously approved by Intelsat's two Boards of Directors and shareholders representing approximately 73% of its share capital, is subject to certain regulatory approvals, which SES expects to receive in H2 2025.


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